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Evening Standard
Evening Standard
World
Jitendra Joshi

Labour warned of £54bn price tag to build enough affordable homes in London

Labour ministers face warnings that their housebuilding plan for London risks costing an astronomical £54 billion just for affordable homes, unless housing associations can tap more private investment.

The G15 group, which represents leading not-for-profit housing associations, blamed “years of policy chaos, rising costs and the need to also upgrade existing homes” for its members struggling to build new homes.

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